Digital49ers
 
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Bitcoin is an experimental digital currency that allows instant payments to anyone, anywhere in the world. Bitcoin uses peer-to-peer technology to operate with no central authority. Money transfers and the minting of new coins are carried out collectively by the network. The open source software that enables Bitcoin is released under the MIT license. Click here for a concise explanation of how it works or here for a detailed technical description.
Keep Calm and Slave On
$4 Billion: Russian Man Arrested for Alleged Bitcoin Money Laundering Scheme
26 Jul 2017 14:05 Authorities have reportedly arrested a man believed to be behind a money laundering scheme orchestrated through bitcoin.

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CoinDesk Explainer: Bitcoin Cash and Why It's Forking Off the Blockchain
26 Jul 2017 13:00 A group of miners unhappy with scaling proposal Segwit2x have created Bitcoin Cash, an alternative that could fork the bitcoin network on Aug. 1.

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Veritaseum Founder Claims $8 Million in ICO Tokens Stolen
26 Jul 2017 10:33 A cryptocurrency project called Veritaseum was the victim of a suspicious hack this weekend, resulting in the loss of millions of $ in stolen tokens.

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Someone Tried to Extort 52 Bitcoins From Trump Advisor Jared Kushner Last Year
26 Jul 2017 10:00 Jared Kushner, a senior aide to US President Donald Trump, revealed that the extortionist threatened to release information on Trump's tax returns.

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Goldman Sachs: Bitcoin May Reach New High Over $3,600
26 Jul 2017 09:10 Goldman Sachs has issued a new forecast for the price of bitcoin, finding it will likely remain volatile before testing all-time highs again.

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Power of the Crowd Series: Number Four
15 May 2017 13:29 It has been a while since we shared our initial thinking around the challenges facing the internet and we have had some excellent reaction to the discussion so far. We very much appreciate the feedback and it is pleasing to see this is a timely discussion. Everyone from Sir Tim Berners-Lee, Wired and the Economist […]

SAFE Network Development Summary – May 2017
04 May 2017 15:35 We’ve had quite few requests on social media and on email these past few days requesting updates on development progress. These messages serve to remind us that not everyone has the time or the inclination to read the weekly development updates which we post each Thursday onto the forum. So many projects, so little time! […]

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"The root problem with conventional currency is all the trust that's required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust. Banks must be trusted to hold our money and transfer it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve. We have to trust them with our privacy, trust them not to let identity thieves drain our accounts. Their massive overhead costs make micropayments impossible. With e-currency based on cryptographic proof, without the need to trust a third party middleman, money can be secure and transactions effortless."
Satoshi Nakamoto